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MIAMI-A new report by Cushman & Wakefield of Florida Inc. shows vacancies at 14.6% in Broward, up 1.1%; and 14.2% in Dade, up 2.9%. Palm Beach County's vacancy rate moved down slightly in the second quarter from 12.9% to 12.8%.
ORLANDO-Orange County Property Appraiser Bill Donegan rules half of the 15-acre, five-month-old, for-profit attraction near Walt Disney World is a tourist venue and not a religious site. Instead of a $25,000 annual tax bill, the taxes will be $320,000. The park is preparing to sue the county.
PEMBROKE PINES, FL-A GlobeSt.com public records search finds the developer of the Bergeron Park of Commerce & Industry plans to add two million sf at an estimated total investment of about $100 million. Pembroke Pines is 18 miles north of Downtown Miami.
ORLANDO-The Atlanta developer has won an OK from Orange County's planning committee but still has to satisfy residents demands for more space between the proposed single-story, 250,000-sf commercial project and nearby homes.
ORLANDO-Tampa lawyer Bob Martinez tells US Bankruptcy Judge Arthur B. Briskman he was on a monthly retainer from 1994 to 1998, while in private law practice, for Evergreen Security Ltd., a non-licensed British Virgin Islands-based firm that operated from Downtown Orlando.
ORLANDO-Prudential Real Estate Investors and Heller Financial get $47 million for the 15-story, 393-room property, one of the first non-Disney-owned hotels to be built at the Lake Buena Vista, FL attraction in 1972.
ORLANDO-The Osceola County-based real estate firm is relocating to the SouthPark section of Orlando Central Park where it has purchased a 1.08-acre pad for $260,000 or about $240,740 per acre ($5.40 per sf).
ORLANDO-Michael Heidrich, director of industrial and land sales/leasing at locally based Realvest Partners Inc., tells GlobeSt.com potential tenants continue to go after bulk distribution and office/ware/house/flex space in Orlando's 90 million-sf industrial market.
MIAMI-The locally based developer of Internet infrastructure and provider of managed services signs a binding contract with the company's senior management to divest an operating unit for an undisclosed price.